Latest Gold Development News

Avira Resources has appointed Andrew van Bentum as CEO, bringing over 25 years of expertise to lead its gold and base metals exploration strategy across Western Australia and Sweden.

Resolution Minerals has completed a third of its 2026 drill program at Golden Gate South, Idaho, with 16 diamond core holes totaling 4,470 metres. The drilling aims to delineate extensions of gold and tungsten mineralisation near historical workings, supporting resource growth at the Horse Heaven project.

Toubani Resources has locked in Corica Mining Services to handle mining operations at its Kobada Gold Project in Mali, advancing the project towards production with mobilisation set for late 2026 and first ore expected by mid-2027.

Classic Minerals has launched Supreme Court proceedings to affirm its 80% beneficial interest in gold rights at the Forrestania Gold Project, aiming to secure legal clarity as it advances mining development.

Lycopodium Limited has landed a A$196 million engineering and construction management contract for Resolute Mining’s Doropo Gold Project, marking a major expansion in West Africa.

Unico Silver’s latest drilling at the Joaquin Project in Argentina has delivered standout high-grade gold-silver intercepts outside the March 2026 Mineral Resource Estimate, underpinning potential resource growth ahead of the Pre-Feasibility Study.

Reach Resources has bolstered its war chest by $800,000 through the sale of non-core lithium assets to Delta Lithium, receiving half in cash and half in shares. This deal terminates their joint venture, cutting future holding costs and sharpening focus on the Murchison South gold project.

Strickland Metals has reported a significant leap in gold recovery rates at its Gradina Deposit, achieving an average 94.3% recovery and higher gold concentrate grades, marking a key milestone ahead of its Rogozna Project Pre-Feasibility Study.

Nova Minerals' US holding company shares and warrants are slated to begin trading on NYSE American on 17 June 2026, with ASX trading of CHESS Depositary Interests following on 18 June, marking a key step in the company’s US redomiciliation.

MGX Resources is set to exit its Koolan Island iron ore operation, selling to Crestlink for $20.2 million upfront plus potential revenue share, while shifting focus to gold development.

Forrestania Resources has launched a recommended off-market takeover bid for Zenith Minerals, valuing Zenith at about A$93.5 million with a 46.7% premium. The deal aims to create a larger, diversified Western Australian gold explorer and developer.

Strata Minerals has delivered a standout 94% hit rate in its Phase 2 drilling at the Zelica Gold Project, confirming extensive high-grade gold mineralisation and securing a development partnership to fast-track production.